A cash deposit made by business appears on the bank statement as _______ balance?

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Option A : Current assets Option B : Intangible assets Option C : Deferred revenue expenditure Option D : Not an asset Read More Details about this Mcq Correct Answer : Not an asset Read more

✅ C. Rs. 17,000

Option A : Rs. 33,000 Option B : Rs. 25,000 Option C : Rs. 17,000 Option D : Rs. 8,000 Correct Answer : Rs. 17,000 Read more

✅ C. Trading A/c

Option A : Profit and Loss A/c Option B : Capitalized with work in progress Option C : Trading A/c Option D : Shown in Balance Sheet Correct Answer : Trading A/c Read more

✅ A. $5000 will be credited

Option A : $5000 will be credited Option B : $5000 will be debited Option C : $10,000 will be credited Option D : $10,000 will be debited Correct Answer : $5000 will be credited Read more

✅ C. 3

Option A : 4 Option B : 2 Option C : 3 Option D : 5 Correct Answer : 3 Read more

✅ C. Petty cash column

Option A : Cash column Option B : Bank column Option C : Petty cash column Option D : Discount column Correct Answer : Petty cash column Read more

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Option A : 17,000 (overstated Option B : 12,000 (understated Option C : 7,000 (understated Option D : 7,000 (overstate Correct Answer : Read more

✅ C. It is payable to the bearer

Option A : It must be in writing Option B : It contains an unconditional promise to pay Option C : It is payable to the bearer Option D : It must be signed by the maker Read More Details about this Mcq Correct Answer : It is payable to the bearer Read more